Frugl Group Limited (AU:FGL) has released an update.
Frugl Group Limited has reported a remarkable 630% growth in quarterly receipts totaling $482k, with yearly receipts showing a 257% increase from the previous fiscal year. This financial surge is attributed to the successful integration of Trienpont, a Thailand-based digital solutions service provider, following its acquisition in April 2024. Additionally, Frugl is expanding its Artificial Intelligence and Machine Learning capabilities, securing several high-profile projects, and is expected to contribute significantly to the company’s move towards profitability.
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